Garment Mantra's ₹35 cr order book tops Q1 revenue
Nano-cap apparel maker reports 66.8% revenue growth to ₹61.97 cr, with a ₹35 cr unexecuted order book (over ₹30 cr exports) providing near-term visibility.
— 2 earlier stories on Garment Mantra Lifestyle Ltd. →What's new
- Consolidated Q1 revenue up 66.8% YoY to ₹61.97 cr, EBITDA ₹4.40 cr, net profit ₹2.79 cr.
- Unexecuted order book of ₹35 cr, over ₹30 cr in confirmed export orders.
- Management cites extended summer, distributor restocking, global sourcing tailwinds.
Why this matters
For a ₹70 cr market-cap company, a ₹35 cr order book (more than half of Q1 revenue) with strong export content provides meaningful revenue visibility. The disclosure, supplementing already-reported results, gives investors clearer line of sight on the next few quarters.
What we're watching
- Conversion rate of order book into revenue in Q2 and Q3.
- Sustainability of export order momentum as global sourcing trends evolve.
- Whether standalone revenue growth catches up with consolidated.
The full read
Garment Mantra Lifestyle's Q1 consolidated revenue jumped 66.8% to ₹61.97 crore. EBITDA was ₹4.40 crore, net profit ₹2.79 crore. Those numbers were already known. The new information is the ₹35 crore unexecuted order book, over ₹30 crore of which comes from confirmed export orders that provide strong revenue visibility for the upcoming quarters. For a ₹70 crore market-cap company, that is more than half a quarter's revenue in the pipeline. Management pointed to an extended summer, distributor restocking, and global buyers turning to India. The order book does not guarantee delivery. But it lifts the base case. The open question is whether Garment Mantra can convert this visibility into sustained double-digit growth; and whether its standalone business can keep pace with the consolidated story.
Questions answered
- What is the unexecuted order book value?
- Approximately ₹35 crore, with over ₹30 crore in confirmed export orders, providing strong revenue visibility.
- How does the order book compare to Q1 revenue?
- The order book of ₹35 crore represents about 56% of Q1 consolidated revenue of ₹61.97 crore.
- What drove the 66.8% revenue growth?
- Management cited an extended summer season, healthy distributor replenishment, and favorable global sourcing trends for Indian apparel.
- Why was the order book disclosed separately?
- The initial results press release on July 28 did not include order book details. This separate press release supplements that disclosure.
Story so far
All notes on GARMNTMNTR →- 28 Jul 2026 · 12:47 PM IST Garment Mantra's ₹35 cr order book tops Q1 revenue
- today Garment Mantra consolidated revenue jumps 67% in Q1; standalone falters
- today Garment Mantra consolidated revenue up 66%; standalone profit falls 49%